Multiple Choice
The idea that consumers determine what is produced in the economy through their demands is known as
A) a laissez-faire economy.
B) a command economy.
C) consumer sovereignty.
D) free enterprise.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q57: In their pure forms, laissez-faire economies and
Q58: The opportunity cost of investment in capital
Q59: An economy produces capital goods and consumer
Q60: If a society is producing at a
Q61: Refer to the information provided in
Q63: Comparative advantage refers to the ability to
Q64: The process of using resources to produce
Q65: In a _ economy, the behavior of
Q66: Related to the Economics in Practice on
Q67: The value of the slope of a